Somali National News Agency
So
Ar
Search
  • Home
  • Local News
    Local NewsShow More
    Somali President Appoints Mohamed Ali Nur as New Mogadishu Port Director
    August 28, 2025
    President Hassan Sheikh Mohamud Meets with Djiboutian Foreign Minister in Mogadishu
    August 28, 2025
    Somali Foreign Minister Welcomes Djiboutian Counterpart to Mogadishu
    August 28, 2025
    Somali Government Provides Details on Visit of UAE Minister of State for Foreign Affairs
    August 28, 2025
    Somalia’s Ambassador to Turkey Praises New Diplomatic Relations with Kazakhstan
    August 28, 2025
  • World News
    World NewsShow More
    Hamas accepts an Arab ceasefire proposal on Gaza as Palestinian death toll passes 62,000
    August 19, 2025
    “Gunman Kills 3 in Texas; Explosion in Pennsylvania Leaves 2 Dead”
    August 12, 2025
    Somali-American Candidate Abdirizak Mohamed Ali Runs for Mayor of Hopkins, Minnesota
    August 8, 2025
    Israel kills aid worker in Gaza amid rising starvation deaths, US envoy meets with hostages’ families
    August 3, 2025
    Ghana Donates 40 Metric Tonnes of Cocoa to Palestine in Act of Solidarity
    August 2, 2025
  • Articles
    ArticlesShow More
    Somalia’s Political Leaders Forge a Path to Democracy
    August 25, 2025
    Ode to Yan’an: How a Song Inspired Chinese Youth During Wartime
    August 19, 2025
    Somalia’s Story Is More Than the Siege Narrative. It’s Time the World Reported It That Way
    August 13, 2025
    Somali and Allied Forces Deal Major Blow to Al-Shabaab in Coordinated Offensive
    August 6, 2025
    Somalia’s Financial War Against Al-Shabaab: Key Achievements and Strategic Milestones (2022–2025)
    August 4, 2025
  • Business
    BusinessShow More
    Somalia Unveils the Blueprint for a Modern and Sustainable Mogadishu
    December 21, 2024
    Djibouti Launches $57.4 Million Youth Entrepreneurship Project to Combat Climate Change
    November 25, 2024
    FM meets Minister of Investment of Saudi Arabia
    October 28, 2024
    President Hassan Sheikh Inaugurates New LPG Storage Center in Mogadishu
    May 12, 2024
    Collaboration of ICT transformation for digital Infrastructure
    October 24, 2023
  • Sports
    SportsShow More
    Mogadishu Stadium to Host Star-Studded Match Featuring Somali Legends and International Football Icons
    May 27, 2025
    Arsenal held at Brighton while Man City bounce-back continues
    January 5, 2025
    Galmudug wins the Inter-State Football Tournament
    January 29, 2024
    Somalia set for two int’l friendlies ahead of WC qualifier clashes against Algeria and Uganda
    October 10, 2023
    Chicago woman, 104, skydives from plane, aiming for record as the world’s oldest skydiver
    October 3, 2023
  • Tenders
    TendersShow More
Reading: Somalia’s Finance Minister meets SFD’s General Manager to discuss debt restructuring 
Share
Font ResizerAa
Somali National News AgencySomali National News Agency
  • SOMALI
  • ARABIC
Search
  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
Follow US
©2023 || All rights reserved SONNA
Somali National News Agency > Blog > Local News > Somalia’s Finance Minister meets SFD’s General Manager to discuss debt restructuring 
Local News

Somalia’s Finance Minister meets SFD’s General Manager to discuss debt restructuring 

By Khadar Aweys
Last updated: May 13, 2023
1 Min Read
Share

Jeddah, (SONNA) – The Minister of Finance of the Federal Government of Somalia, Dr. Elmi Mohamud Nur had a fruitful meeting with the General Manager of the Saudi Fund for Development (SFD), Sultan Abdurahman Al-Marshad to discuss the restructuring of Somalia’s debts.

The Minister and General Manager signed an agreement to restructure the debts Somalia owes the SFD, and this agreement allows more time to repay the debts.

The Minister thanked the SFD management for assisting in the financial recovery and development of Somalia.

The Minister who attended the Islamic Development Bank meeting in Jeddah also had sideline meetings with other finance managers so that Somalia can be relieved of debts successfully.

Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

MORE NEWS

Ode to Yan’an: How a Song Inspired Chinese Youth During Wartime

ArticlesCulture
August 19, 2025

Kenya’s small farmers find respite in avocados amid changing climate

NAIROBI(SONNA) As crop diseases and pests rise in Kenya amid a rapidly changing climate that…

March 11, 2023

Somali President Appoints Mohamed Ali Nur as New Mogadishu Port Director

Mogadishu, Somalia – The President of the Federal Republic of Somalia, Hassan Sheikh Mohamud, has…

August 28, 2025

Nimcaan Hilaac appointed to lead Waberi National Band

Mogadishu (SONNA)-Minister of Information, Culture and Tourism of the Federal Republic of Somalia, H.E. Mohamed…

March 3, 2020

YOU MAY ALSO LIKE

Prime Minister Roble opts consultative meeting to be successful

Mogadishu(SONNA)-Prime Minister of the Federal Republic of Somalia, H.E. Mohamed Hussein Roble on Wednesday expressed his expectations on the electoral…

Local News
May 19, 2021

Egypt mourns UAE, Bahrain victims of terrorist attack in Somalia

Egypt expressed its sincere condolences to the United Arab Emirates (UAE) and the Kingdom of Bahrain for the killing of…

Local News
February 12, 2024

Director of admin and finance of Ministry of Labour shot dead in Mogadishu

Mogadishu, (SONNA) - The Director of admin and finance of Ministry of Labour and Social Affairs Safiya Abukar was shot dead…

Local News
January 26, 2022

Somalia and Turkey Reaffirm Deep Strategic Partnership in High-Level Meeting at Oslo Forum

OSLO, NORWAY, SONNA – Senior officials from the Federal Government of Somalia and the Republic of Turkey convened a crucial…

Local News
June 13, 2025

Somali National News Agency established in 1964. It is one of the main pillars of the Ministry of Information, Culture, and Tourism.

  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
  • SNTV
  • RADIO MOGADISHU
  • DALKA JOURNAL
  • TOURISM DEPARTMENT

Follow US: 

  • MoICT
  • VILLA SOMALIA
  • OPM SOMALIA

All rights reserved SONNA

©2023

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?